Nationwide commended for Credit Card deals

Nationwide has won 'The Most Responsible Credit Card Lending Practices Award' at The Card Awards.

It is the third year in a row that the building society has won the prize and among the reasons for getting it was the company's implementation of a scheme where customers made payments on the highest rates of interest first, as well as the help it provides on a special 'Payment Difficulties' webpage.

The firm also won 'The Best Achievement in Customer Service Award' and head of credit cards Richard Napier was delighted with the accomplishment.

He said that it demonstrates Nationwide's commitment to providing products which are fair and transparent, such as offering our customers a positive order of payments and giving members an efficient, friendly service.

Last month, Nationwide urged competitors to implement similar repayment systems that allocate the most expensive debts first.

Nationwide also reaffirmed it commitment to maintaining zero per cent interest on purchases and balance transfers .